General expectations for Monday morning


Link to ForexLive

General expectations for Monday morning

Posted:

It will be a bright and early start tomorrow morning with extreme volatility expected in the early interbank market, starting at 5am Sydney time. I’ve heard lots of strong opinions already convinced that we’ll see USD selling, USD buying, Gold up, Gold down, Treasuries up, and Treasuries down; the only sure thing is that we [...]

Japan official warns of further yen selling to deter currency speculation

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Bloomberg article

Germany doubts larger fund can rescue Italy

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Reuters article

Two weeks ago, the downgrade wouldn’t have mattered

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Everyone was prepared for it and markets were reasonably calm, focused more on the implementation risk from the latest Greek bailout than on the US debt drama, which most expected to be solved at the 11th hour, which it was. Since then, US GDP came out weaker than expected (with a huge downward revision to [...]

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